Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $18857 movement on S within 4 hours following the event release at 2022-08-09 00:30. We expect S to trend downwards 4 hours following the event release at 2022-08-09 00:30 if the released value is < 85 Historical events that allowed us to draw this conclusion
15 Jun 00:30 |
11 May 00:30 |
08 Mar 23:30 |
08 Feb 23:30 |
18 Jan 23:30 |
13 Oct 00:30 |
11 Aug 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
